What is the DP charges on LIQUIDBEES? As i understand NSDL and CSDL waive off DP charges on LIQUIDBEES. Is that correct? Over that as a DP do you charge any?

[Arjun_Tiwari]

@Anmol_Gupta

As per attached photos of virtual contact note, STT is shown as Rs 100 on a total trade value of Rs 1,00,000 which is 0.1%.
Kindly clarify if it is 0.1% or 0.001%.

• STT is not levied on Liquid BeES and Liquid ETFs. However, it is temporarily displayed on the virtual contract note.
  See :-What are the charges for trading in Liquid beES/ liquid ETFs?

@Anmol_Gupta

Also kindly help on when do i start receiving dividend units? From the day we buy liquidbees units or from the of credit of units in our demat account?

Liquid bees/Liquid ETFs dividends are paid out on a weekly basis. These units received, as dividends can be seen, sold only after the dividend adds up to one whole unit i.e the dividend isn’t fractional.
To know more about Liquid ETFs check out this post